Roseau, MN | Tractor Supply Co. & O'Reilly Auto Parts

Other Retail / Posted 9 months ago by Brian Brisky, Brisky Net Lease / 258 views

  • Price : $3,327,120
  • Cap Rate : 6.25%
  • Net Operating Income : $207,945
  • Tenant : Retail - Tractor Supply Co. & O'Reilly Auto Parts
  • Lease Type : NN
  • Lease Term Remaining (Years) : 10+
  • Building Size (SF) : 41,509
  • Land Area (Acres) : 3.49
  • Year Built : 1990 / 2020 (remodeled)

Great two tenant investment sale opportunity in Roseau, MN! Appreciate a stellar mix of great credit tenants – Tractor Supply Co. and O’Reilly Auto Parts. The property has an excellent location along Highways 89 & 11 and is in close proximity to area retailers and many local businesses. The property has a large lot with ample parking, great visibility, high traffic counts and signage. In addition, building has a new roof with 15-year warranty. Bonus income, there’s a 3,200 SF rear space that could left alone or easily rented. Pad site possibilities too with tenant consent.

Roseau in located in Northwestern Minnesota just 10 miles south of the Canadian border. It is the birthplace of snowmobiles and Polaris Industries, a leading manufacture of snowmobiles. Polaris Industries employs about 1,400 people; other major employers include LifeCare Medical Center and Marvin Windows in nearby Warroad with 2,000 employees. Roseau is the largest city in Roseau County as well as the adjacent counties of Marshall, Lake of the Woods and Kittson.

The area is a popular vacation destination for hunters, fishermen and outdoor enthusiasts, partly due to its close proximity to the world famous fishery, Lake of the Woods. The quality of life and employment opportunities in Roseau make it the 20th Best Place to Live in America for outdoor enthusiasts according to Outdoor Living Magazine. Roseau also has a strong hockey tradition and has competed in the MN state hockey boy’s tournament more than any other team in the state and has won the second most state titles behind Edina, which has a population about 20 times larger than Roseau.

 

Highlights:

  • Remodeled 2nd Generation Space
  • New Roof with 15-Yr Warranty
  • Great Location & Visibility Along Main Artery
  • High Traffic Counts
  • Large Lot with Possible Outparcel
  • Strong Local Economy
  • Serves a Large Surrounding Area

1087 3rd Street NWRoseau,Minnesota,56751

Brian Brisky
Brisky Net Lease

612-413-4200

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